Business Ethics And Environment 98%-100% SCORE

Internal Assignment No. 1 Bachelor of Business Administration (BBA) Paper Code: BBA – 102 Paper Title: Business Ethics & Environment Q .1 (i)What do you mean by business ethics? Ans ­ Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization, the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business ethical issues reflects the interaction of profit­maximizing behavior with non­economic concerns. Interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia. (ii) Explain Indianism. Ans ­ Indianism means using Indian civilization experience and intellectual traditions to develop more relevant knowledge base and culturally relevant theories. Intellectual tradition is very vast. Certain broad streams of thought can be identified and viewed as mini paradigms, which would serve as a basis for developing new ideas in the fields of relevant theories­social, management and development’ (iii) Discuss Gandhi Philosophy. Ans ­ The evolution of Mohandas Karamchand Gandhi into the 'Mahatma ' of our times very much hinges on the principles that were the guiding light of his life. Till his last breath, Gandhiji unflinchingly adhered to these philosophies often referred by the collective term 'Gandhism'. Over the years the thoughts and the philosophy of Mahatma Gandhi have inspired generations across the world and they have often been the bedrock of civil rights movements waged against oppressive regimes. (iv)What is Difference between mission and vision?